What are some of the reasons I might see a change in my financial aid package from last year?

There are several reasons why you might have a change in your financial aid package including changes in enrollment status, housing status, or division.

For aid purposes, undergraduate students may be eligible for federal grant funds with as few as three credits, while federal loan eligibility begins at six credits (half-time status). Institutional aid may be available to undergraduate students enrolled for a minimum of twelve credits (full-time status). Some exceptions apply. Graduate students are eligible for federal loans when enrolled for at least three credits.

A change of aid may also result if a student changes his or her housing status. For example: switching from resident to commuter, or vice versa, may cause the aid to change accordingly.

Students who switch divisions from the day program to the evening program may not be eligible to receive certain pieces of institutional aid. Students considering switching divisions should contact Financial Aid to discuss possible financial aid implications.